US Lawyer Database

§ 42-11133 – Exemption for affordable housing projects; definition

42-11133. Exemption for affordable housing projects; definition A. Property that is used exclusively for affordable rental housing pursuant to section 42 of the internal revenue code or another recorded restrictive covenant imposed by financing for affordable housing and related facilities are exempt from taxation if: 1. The property is owned and operated by, or is […]

§ 42-11109 – Exemption for religious property; affidavit

42-11109. Exemption for religious property; affidavit A. Property or buildings that are used or held primarily for religious worship, including land, improvements, furniture and equipment, are exempt from taxation if the property is not used or held for profit. B. Within ten days after receiving an initial affidavit of eligibility submitted under section 42-11152 by […]

§ 42-11110 – Exemption for cemeteries

42-11110. Exemption for cemeteries A. Cemeteries as defined in section 32-2101 that are set apart and used to inter deceased human beings and historic private burial sites and historic private cemeteries as defined in section 41-511.04 are exempt from taxation. B. The owner of a cemetery, historic private burial site or historic private cemetery shall […]

§ 42-11125 – Exemption for inventory, materials and products

42-11125. Exemption for inventory, materials and products Stocks of raw or unfinished materials, unassembled parts, work in progress or finished products that constitute the inventory of a retailer, wholesaler or manufacturer that is located in this state and that is principally engaged in reselling the materials, parts or products are exempt from taxation.

§ 42-11111; Version 2 – Exemption for property; widows and widowers; persons with a total and permanent disability; veterans with a disability; definitions

42-11111. Exemption for property; widows and widowers; persons with a total and permanent disability; veterans with a disability; definitions (L22, Ch. 341, sec. 2. Conditionally Eff.) A. The property of widows and widowers, of persons with total and permanent disabilities and of veterans with service or nonservice connected disabilities who are residents of this state […]

§ 42-11112 – Exemption for observatories

42-11112. Exemption for observatories Observatories that are maintained for astronomical research and education for the public welfare and property that is used in the work or maintenance of observatories, including property held in trust, are exempt from taxation if the observatories and other property are used only for those purposes and are not used or […]